Iberdrola, S.A.

BATS-CHIXE:IBEE Stock Report

Market Cap: €82.8b

Iberdrola Valuation

Is IBEE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of IBEE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: IBEE (€13.56) is trading above our estimate of fair value (€11.58)

Significantly Below Fair Value: IBEE is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for IBEE?

Key metric: As IBEE is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for IBEE. This is calculated by dividing IBEE's market cap by their current earnings.
What is IBEE's PE Ratio?
PE Ratio12.8x
Earnings€6.45b
Market Cap€82.79b

Price to Earnings Ratio vs Peers

How does IBEE's PE Ratio compare to its peers?

The above table shows the PE ratio for IBEE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.8x
SSE SSE
10x5.3%UK£19.1b
NG. National Grid
27.9x15.5%UK£48.3b
DUK Duke Energy
20.5x7.7%US$88.6b
SO Southern
20.5x5.5%US$96.0b
IBEE Iberdrola
12.8x-2.6%€82.8b

Price-To-Earnings vs Peers: IBEE is good value based on its Price-To-Earnings Ratio (12.8x) compared to the peer average (19.8x).

Price to Earnings Ratio vs Industry

How does IBEE's PE Ratio compare vs other companies in the European Electric Utilities Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies10PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: IBEE is expensive based on its Price-To-Earnings Ratio (12.8x) compared to the European Electric Utilities industry average (12.7x).

Price to Earnings Ratio vs Fair Ratio

What is IBEE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

IBEE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.8x
Fair PE Ratio13.6x

Price-To-Earnings vs Fair Ratio: IBEE is good value based on its Price-To-Earnings Ratio (12.8x) compared to the estimated Fair Price-To-Earnings Ratio (13.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst IBEE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€13.56
€13.96
+2.9%
10.1%€16.00€9.60n/a22
Nov ’25€13.84
€13.93
+0.6%
10.5%€16.00€9.33n/a21
Oct ’25€13.90
€13.49
-2.9%
10.9%€15.50€9.33n/a22
Sep ’25€12.72
€12.86
+1.1%
9.8%€15.30€9.33n/a22
Aug ’25€12.15
€12.83
+5.6%
9.8%€15.30€9.33n/a22
Jul ’25€12.33
€12.72
+3.2%
9.0%€14.50€9.60n/a22
Jun ’25€11.98
€12.62
+5.4%
8.5%€14.50€9.60n/a22
May ’25€11.51
€12.58
+9.3%
8.8%€14.50€9.50n/a22
Apr ’25€11.46
€12.37
+8.0%
8.1%€14.40€9.50n/a22
Mar ’25€10.47
€12.25
+17.1%
6.9%€13.80€9.50n/a22
Feb ’25€11.13
€12.28
+10.3%
7.6%€13.80€9.24n/a23
Jan ’25€11.89
€12.20
+2.6%
7.3%€13.80€9.40n/a23
Dec ’24€11.41
€12.14
+6.4%
7.6%€13.80€9.40n/a23
Nov ’24€10.40
€12.13
+16.6%
7.5%€13.80€9.40€13.8423
Oct ’24€10.60
€12.40
+17.0%
7.2%€13.80€9.40€13.9023
Sep ’24n/a
€12.37
0%
7.2%€13.80€9.40€12.7224
Aug ’24€11.54
€12.38
+7.4%
7.4%€13.80€9.40€12.1524
Jul ’24€11.90
€12.21
+2.6%
8.3%€13.80€9.40€12.3324
Jun ’24€11.47
€11.98
+4.4%
8.9%€13.80€9.40€11.9824
May ’24€11.77
€11.97
+1.7%
8.8%€13.80€9.40€11.5124
Apr ’24€11.51
€11.79
+2.5%
7.3%€13.70€10.00€11.4625
Mar ’24€10.75
€11.70
+8.8%
7.7%€13.70€10.00€10.4724
Feb ’24€10.76
€11.68
+8.5%
7.7%€13.70€10.00€11.1324
Jan ’24€11.00
€11.75
+6.8%
9.3%€14.10€9.50€11.8923
Dec ’23€10.90
€11.70
+7.3%
9.1%€14.10€9.50€11.4123
Nov ’23€10.29
€11.76
+14.2%
9.0%€14.10€9.50€10.4023

Analyst Forecast: Target price is less than 20% higher than the current share price.

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